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Irish cryptocurrency tax | Generally there are no transfer taxes applicable to the acquisition of cryptocurrencies. Is payment for goods and services in cryptocurrencies a taxable event? How Ireland taxes cryptocurrency and NFTs Our guide to how Irish tax authorities treat cryptocurrency and non-fungible tokens NFTs and the tax implications for individual and corporate investors. It looks like you have JavaScript disabled. As cryptocurrencies are not a functional currency as defined, accounts, for tax purposes, cannot be prepared in cryptocurrencies: Euro or functional currency accounts must be prepared. Want to know more about cryptoassets and tax? This document and any information accessed through links in this document is provided for information purposes only and does not constitute legal advice. |
Bts cryptocurrency review | In this complete tax guide, you will learn everything you need to know about how The Irish Central Bank considers cryptocurrencies, digital currencies, virtual currencies, and tokens to be digital money and of the same asset type. It is vital to keep good records to make it easier to work out your capital gains and meet your tax obligations. Crypto taxes done in minutes. NFTs are simply regarded as another form of cryptoasset for tax purposes and the tax treatment follows those of other cryptoassets see the previous question on declaring cryptocurrencies. You can choose to set these optional video cookies that are described below. |
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